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Bird - Bath Corporation experienced four situations for its supplies (Click on the icon to view the four situations.) Requirement 1. Calculate the amounts that
Bird - Bath Corporation experienced four situations for its supplies (Click on the icon to view the four situations.) Requirement 1. Calculate the amounts that have been left blank for each situation. For situations 1 and 2 joumalize the needed transaction. Consider each situation separately Calculate the amounts that have been left blank for each situation 1 2 3 A $ 800 $ 900 1,500 5 5800 300 $ 700 600 Situation Beginning supplies Purchases of supplies during the year Total amount to account for Ending supplies Supplies Expense 1,500 2.300 (1.070) (500) (700) $ 1,230 S 1,100 $ 1,200 - x For situations 1 and 2. journalize the needed transaction. Consider each situation separately. (Record debits first, then credits Exclude explanations from any journal entries) Record the entry for situation 1 to record the purchase supplies Journal Entry Accounts Debit Credit Data Table 1 Supplies Expense $1300 Cash $1300 Situation 1 Beginning supplies S 1,500 $ 2 For situation 2, make the needed journal entry to record Supplies Expense Purchases of supplies during the year Total amount to account for 2 300 Journal Entry (1.070) Accounts Debit Credit Ending supplies $ Supplies Expense 1.230 2 4 2 3 300 $ 800 $ 700 2 900 600 2 1.500 ? 2 (500) (700) 2 ? $ 1,100 $ 1.200 Print Done Choose from any list or enter any number in the input fields and then continue to the next
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